Participated · Series A · Jul 2022

GloveBox provides an agency-branded mobile and web app that aggregates policy documents across carriers and gives policyholders features such as paying bills, starting claims, requesting service, getting quotes, and making policy changes. The company targets independent insurance agents, offering a branded self-service portal intended to make agents more scalable while reducing costs and increasing client loyalty. GloveBox says it is already used by hundreds of agencies and hundreds of thousands of policyholders across the United States. Founded in 2019, the leadership team draws on former agency principals' experience to design the product with the policyholder top of mind. Management states it will continue to develop its customer-first technology and grow adoption within the insurtech space. The company recently closed a financing round to support those efforts. GloveBox is a Denver-based insurtech founded in 2019 and launched in 2020 that provides a single sign-on mobile and web platform connecting independent agencies, policyholders, and carriers. The platform centralizes policy documents, enables bill payments, and lets users initiate claims through an easy-to-use mobile and web application. GloveBox's technology is designed to increase customer satisfaction, reduce service inquiries, and lower service costs so agencies run more efficiently and profitably. Since its March 2020 launch the company has signed up over 100 agencies and is averaging five new entities per week. Management plans to use new funding to expand features and enhance functionality to reach more agency partners faster and more efficiently. The company aims to become the premier customer-interfacing solution for independent agents across the insurance lifecycle.

Participated · Seed · Apr 2021

Wunderite offers an annual subscription platform that captures and centralizes customer data to streamline the sales, application and underwriting process for independent Property & Casualty insurance agents. The mobile-enabled product delivers an intuitive agent and customer workflow to shorten application and approval cycles and improve the customer experience. The company integrates with industry software such as Verafore and Applied and partners with broker trade groups including InCite Performance Group and Beyond Insurance. Wunderite was founded by insurance industry veterans Peter MacDonald and Joe Schnare and was developed to address antiquated processes and data security concerns. Headquartered in Boston, MA, the company is part of several innovation groups and accelerators and has been featured in industry publications. With the new capital the company plans to accelerate product development, expand distribution to agencies nationwide, and double its team in the next 12 months.

Participated · Seed · Nov 2020

Highwing is a Denver, Colo.-based insurance technology company born out of IMA Financial Group and led by CEO Erik Mitisek. The company offers an open data platform designed to help commercial insurance brokers and carriers accelerate workflows. It raised $4M in seed funding to scale its engineering team and expand its product suite. The product expansion includes a planned placement engine to enable users to engage, organize, submit insurance applications and collaborate with partners through a single application. The fundraising will support hiring and product development to broaden the platform's capabilities.